Weekly Market Update
Market Action Global equities closed higher on the week while the yield on the US 10-year Treasury note declined 8 basis points to 1.78% and the price of a barrel of West Texas Intermediate crude oil rose $3.50 after Saudi Arabia’s oil infrastructure was damaged...Short-Term Borrowing Crunch: An Aberration or a Signal of Trouble?
In the course of the last couple of days the Fed has been injecting significant amounts of liquidity (to the tune of $75 billion per day) into the financial system. It should be noted that such intervention has not taken place since the days of the financial crisis...Weekly Market Update
Market Action Global equities rose on the week while interest rates moved up sharply. Easing recession fears and hopes for progress in US-China and Brexit talks helped boost investor sentiment. The yield on the US 10-year Treasury note rose 30 basis points to 1.86%...A Few Random Thoughts on Economic Structural Integrity: Global Order Meets Finance
The story of humankind has been a long tale of war, tyranny, misery, conflict, and illiberalism. To that extent the recent decades of relative peace and prosperity, along with the rising middle classes and democracy around the world is a historical aberration. From...Weekly Market Update
Market Action Global equities rose last week as part of a risk-on rally in asset prices due to a slightly brighter outlook for US-China trade talks, receding risks of an imminent no-deal Brexit, and hopes that tensions in Hong Kong will abate. The yield on the US...Sign Up for Our Publications
